Overview
- China's Semiconductor Manufacturing International Corp (SMIC) has reportedly been using tools from ASML to develop advanced chips, causing concern in the U.S. about China's potential circumvention of export restrictions.
- New US restrictions affect ASML’s exports of Twinscan NXT1930Di machine to six Chinese factories, causing backlash among Dutch politicians who call for a more European approach to such decisions.
- ASML's advanced immersion DUV lithography systems have been key in producing a state-of-the-art processor for a new smartphone from Huawei, signaling China's ability to bypass export restrictions.
- The latest restrictions from the U.S. have raised concerns from ASML's CEO Peter Wennink, who warns that these could incentivize China to develop competing technologies.
- Dutch Trade Minister Liesje Schreinemacher supports countermeasures, arguing that the US has the right to conduct its own security analysis, but emphasizes the need for the EU to play a greater role in decisions regarding the ban of sensitive technologies.